Mumbai, March 25 -- The board of directors of the bank authorized and declared the opening of the issue on Monday, 24 March 2025.

The floor price of Rs 42.62 is at a discount of 9.03% to the scrip's previous closing price of Rs 46.85 on the BSE.

The bank may offer a discount of not more than 5% on the floor price so calculated for the issue. The issue price will be determined by the bank in consultation with the book-running lead manager appointed for the issue.

Central Bank of India is engaged in providing banking and financial services, offering a wide range of products and services to individuals, commercial enterprises, large corporates, public bodies, and institutional customers.

The bank's standalone net profit jumped 33.58% to ...